Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)

By Anushree Mukherjee May 5 (Reuters) - Oil prices eased on Tuesday after climbing by as much as 6% in the previous session on signs the U.S. Navy is loosening Iran's closure of the key Strait of Horm...

May 4 (Reuters) - Intel said on Monday it had appointed Alex Katouzian to lead the company's PC and physical artificial intelligence unit. The new role for Katouzian includes the company's crucial PC ...

By Allison Lampert May 4 (Reuters) - Southwest Airlines has expressed interest in hiring some aircraft mechanics from now-defunct Spirit Airlines, a union official said on Monday, as the U.S. low-cost...

May 4 (Reuters) - Onsemi forecast second-quarter revenue above Wall Street expectations on Monday, betting on resilient demand for its chips as the automotive industry recovers. The forecast underscor...

May 4 (Reuters) - Investor Michael Burry has exited his position in GameStop following CEO Ryan Cohen's deal to buy eBay, the Wall Street Journal reported on Monday. (Reporting by Juby Babu in Mexico ...

By Jamie McGeever ORLANDO, Florida, May 4 (Reuters) - Oil prices jumped further above the $100-a-barrel mark on Monday as Iran controls the Strait of Hormuz, despite U.S. efforts to free up shipping, ...

By Erwin Seba HOUSTON, May 4 (Reuters) - Chevron Chairman and CEO Mike Wirth said on Monday that physical shortages in oil supply would begin appearing around the world because of the closure of the S...

By Andrea Shalal WASHINGTON, May 4 (Reuters) - The head of the International Monetary Fund on Monday warned that inflation was already picking up and the global economy could face a "much worse outcom...

May 4 (Reuters) - Lattice Semiconductor will acquire AMI in a $1.65 billion deal, it said on Monday, as the chipmaker looks to expand into the software and artificial intelligence management space. "A...

May 4 (Reuters) - Top global investors and executives gathered at the Milken Institute Global Conference in Beverly Hills on Monday to discuss geopolitical tensions, private credit risks and opportuni...